Aptus Capital Advisors LLC Invests $1.57 Million in Oracle Co. (ORCL) Stock

Aptus Capital Advisors LLC purchased a new position in Oracle Co. (NYSE:ORCL) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 34,710 shares of the enterprise software provider’s stock, valued at approximately $1,567,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Northern Trust Corp increased its position in Oracle by 0.6% during the fourth quarter. Northern Trust Corp now owns 40,340,189 shares of the enterprise software provider’s stock valued at $1,821,360,000 after acquiring an additional 238,058 shares during the last quarter. Loomis Sayles & Co. L P increased its position in Oracle by 1.6% during the third quarter. Loomis Sayles & Co. L P now owns 39,519,223 shares of the enterprise software provider’s stock valued at $2,037,611,000 after acquiring an additional 625,051 shares during the last quarter. Magellan Asset Management Ltd boosted its stake in shares of Oracle by 11.3% during the third quarter. Magellan Asset Management Ltd now owns 30,787,975 shares of the enterprise software provider’s stock valued at $1,587,428,000 after purchasing an additional 3,124,391 shares during the period. Franklin Resources Inc. boosted its stake in shares of Oracle by 13.1% during the third quarter. Franklin Resources Inc. now owns 29,336,984 shares of the enterprise software provider’s stock valued at $1,512,636,000 after purchasing an additional 3,393,152 shares during the period. Finally, Clearbridge Investments LLC boosted its stake in shares of Oracle by 5.1% during the third quarter. Clearbridge Investments LLC now owns 21,161,401 shares of the enterprise software provider’s stock valued at $1,091,082,000 after purchasing an additional 1,022,017 shares during the period. Institutional investors own 47.41% of the company’s stock.

In other Oracle news, CEO Mark V. Hurd sold 1,200,000 shares of the stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $53.83, for a total transaction of $64,596,000.00. Following the completion of the sale, the chief executive officer now directly owns 1,664,227 shares of the company’s stock, valued at $89,585,339.41. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Hector Garcia-Molina sold 3,750 shares of the stock in a transaction dated Tuesday, January 15th. The shares were sold at an average price of $48.20, for a total transaction of $180,750.00. Following the sale, the director now directly owns 27,969 shares of the company’s stock, valued at $1,348,105.80. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,773,750 shares of company stock valued at $95,371,438. Insiders own 32.00% of the company’s stock.

NYSE:ORCL traded up $0.13 during mid-day trading on Monday, reaching $54.63. The company’s stock had a trading volume of 7,377,219 shares, compared to its average volume of 14,797,881. Oracle Co. has a 1 year low of $42.40 and a 1 year high of $54.75. The firm has a market cap of $222.67 billion, a PE ratio of 19.37, a price-to-earnings-growth ratio of 1.78 and a beta of 1.08. The company has a debt-to-equity ratio of 2.13, a current ratio of 2.65 and a quick ratio of 2.65.

Oracle (NYSE:ORCL) last released its quarterly earnings results on Thursday, March 14th. The enterprise software provider reported $0.78 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.76 by $0.02. The business had revenue of $9.62 billion during the quarter, compared to analyst estimates of $9.59 billion. Oracle had a net margin of 27.14% and a return on equity of 34.03%. The company’s quarterly revenue was down .7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.83 earnings per share. Sell-side analysts anticipate that Oracle Co. will post 3.08 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 25th. Shareholders of record on Thursday, April 11th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.76%. This is a positive change from Oracle’s previous quarterly dividend of $0.19. The ex-dividend date is Wednesday, April 10th. Oracle’s dividend payout ratio is presently 34.04%.

A number of analysts have recently issued reports on ORCL shares. Credit Suisse Group reissued a “buy” rating and set a $60.00 target price on shares of Oracle in a research note on Monday, March 18th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $53.00 target price on shares of Oracle in a research note on Wednesday, March 13th. Standpoint Research raised shares of Oracle from a “hold” rating to a “buy” rating and set a $42.69 target price for the company in a research note on Wednesday, December 26th. Barclays lowered shares of Oracle from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $60.00 to $55.00 in a research note on Wednesday, January 9th. Finally, Goldman Sachs Group reissued a “buy” rating and set a $55.00 target price on shares of Oracle in a research note on Thursday, February 14th. Three research analysts have rated the stock with a sell rating, nineteen have given a hold rating and seven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $52.53.

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Oracle Profile

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure solutions for information technology (IT) environments worldwide. The company provides services in three primary layers of the cloud: Software as a Service, Platform as a Service, and Infrastructure as a Service.

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Institutional Ownership by Quarter for Oracle (NYSE:ORCL)

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